Word: depotism
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Tucked in among Home Depot, Starbucks and Target and ringed by acres of asphalt, the Gigante grocery store in Santa Fe Springs, Calif., about half an hour's drive east of Los Angeles, looks like any suburban supermarket. But step inside. Colorful pinatas hang from the ceiling. Bilingual signs promise shoppers el mejor precio. Produce gets lots of territory close by the entrance, where display islands overflow with crunchy jicamas, ripe papayas and dozens of varieties of chili peppers, from fiery serranos to sweet chipotles. The aroma of freshly made tortillas wafts from the bakery. Butchers serve up not only...
...Jordan and Saudi Arabia. Eight years later, he returned to the U.S. to open his own supermarket franchises in Oregon and Washington State. He was recruited by Gigante in 1994 to run the company's operations on the Mexican Baja California peninsula, which include licensed RadioShack and Office Depot stores. "The name recognition of Gigante was just awesome," Frias says. "But many of the middle-and low-income Mexicans who shopped at our stores were crossing the border into the U.S. and staying there." In 1998 Gigante asked Frias to devise a U.S. strategy...
...seem to be gearing up; anecdotal evidence suggests many hardware stores across New York City have sold out of duct tape, and Home Depot corporate spokesman Jerry Shields reports sales of both duct tape and plastic sheeting are up, particularly in the New York - Washington D.C. corridor. Haven't got yours yet? Don't worry, says Shields. "We're restocking the items and expect no problem filling the increased demand...
...companies that have good yields currently, that are selling at value prices and where the expectation is for dividend growth. In that category, you have to have General Electric [3.3%]. It's raised its dividend every year. We also like Procter & Gamble [1.9%], McDonald's [1.6%] and Home Depot [1.2%], which is a company we have not owned before in value portfolios. So we have a great focus on the industrial sector, getting ready for an economic recovery. We also find energy stocks interesting, including Marathon [4.5%] and Amerada Hess...
...start of an air war would probably be the trigger for moving more ground forces to the region. Already, the U.S. has some 30,000 ground troops and their equipment within striking distance of Iraq, Kuwait being the main depot. An additional 45,000 troops could rapidly be flown into the region to be married up with materiel stockpiled since the 1991 war at Diego Garcia, a seven-day sail away. Some military experts think 75,000 troops would be sufficient to overthrow Saddam. They could certainly start the effort while the U.S. pumped more forces into the theater...